Radiation therapy vendor Varian Medical Systems reported fiscal first-quarter revenues of $299 million, up 12% compared with the $267 million booked in the same quarter a year ago. For the period, the Palo Alto, CA-based vendor had net earnings of $40 million, compared with net earnings of $29 million last year.
Varian reported that strong net order growth in the international market, and in its emerging product lines for flat-panel imaging, brachytherapy, and image-guided radiation therapy, was partially offset by a decline in North American oncology systems orders.
By AuntMinnie.com staff writers
January 27, 2005
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